Common use of Termination of Pension Plans Clause in Contracts

Termination of Pension Plans. The Obligors will not and will not permit any of their respective Subsidiaries to withdraw from any Multiemployer Plan or permit any employee benefit plan maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) in excess of $500,000 in the aggregate or the imposition of a Lien on any property of an Obligor or any of its Subsidiaries pursuant to Section 4068 of ERISA.

Termination of Pension Plans. The Obligors will not and will not Withdraw, or permit any of their respective Subsidiaries Subsidiary to withdraw withdraw, from any Multiemployer Plan or permit any employee benefit plan maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) in excess of $500,000 in the aggregate or the imposition of a Lien Charge on any property of an Obligor the Guarantor or any of its Subsidiaries Subsidiary pursuant to Section section 4068 of ERISA.

Termination of Pension Plans. The Obligors will not and will not Withdraw, or permit any of their respective Subsidiaries ERISA Affiliate to withdraw withdraw, from any Multiemployer Plan or permit any employee benefit plan maintained by it Plan (other than a Multiemployer Plan) to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E B of Title IV of ERISA) in excess of $500,000 in the aggregate Restricted Group or the imposition of a Lien Charge on any property of an Obligor IPG or any of its Subsidiaries Subsidiary pursuant to Section 4068 of ERISAERISA in excess of $3,000,000 (subject to reduction in accordance with the provisions of subsection 12.15.6).

Termination of Pension Plans. The Obligors Borrower will not and will not permit any of their respective Subsidiaries Subsidiary to withdraw from any Multiemployer Plan or permit any employee benefit plan maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) in excess of $500,000 in the aggregate or the imposition of a Lien on any property Property of an Obligor the Borrower or any of its Subsidiaries Subsidiary pursuant to Section 4068 of ERISA. .